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Board in favor of Logan Square apartment initiative

Pharos-Tribune (Logansport, IN) Aug. 24--A Logansport commission is planning to support a housing project in a downtown building with $160,000 and a five- year tax abatement . Bill Cuppy, executive director of the Cass- Logansport Economic Development Organization and Logansport- Cass County Chamber of Commerce, discussed the project at a Logansport Redevelopment Commission meeting on Wednesday. The project involves the Logan Square Building at Third Street and East Broadway. The vacant five- story building consists of about 45, 000 square feet and has a parking lot with about 75 spaces. Cuppy's presentation indicated Lafayette- based FRG Management is pursuing the project. The company bought the building in June and is willing to invest $3.2 million, Cuppy said. FRG Management wants to make the building's first floor mixed-use commercial, Cuppy continued, adding the firm is in talks to provide office space to a financial adviser and an attorney. Cuppy added the firs...

The RADCO Companies Complete Acquisition of 198-Unit Apartment Community for $23 Million

CHARLESTON, SC - The RADCO Companies , one of the nation’s leading opportunistic real estate developers , completed its sixth acquisition of 2017 with the closing of Woodbridge Apartment Homes in Charleston, South Carolina . This is RADCO’s 72nd acquisition since 2011, its seventh community in South Carolina , and its second community in the Charleston market.The 198-unit, Class B property has been renamed Radius at West Ashley. Radius at West Ashley will be proudly managed by RADCO Residential, the Company’s proprietary management platform . Radius at West Ashley is favorably located in the heart of the West Ashley submarket of Charleston, just minutes away from downtown Charleston, College of Charleston, MUSC, and scenic South Carolina beaches . The community’s location and accessibility to major roads allows for an easy commute to the area’s major office facilities and employers, including Boeing. Additionally, Charleston was also recently ranked the 8th best place in t...